Case Study: Lunit secures $110M+ in fundraising with Donnelley Financial Solutions' Venue® Virtual Data Room

How we supported South Korea-based AI-driven cancer screening & treatment startup to accelerate fundraising

Lunit, a South Korea–based AI-driven cancer screening and treatment startup, needed to maintain strict data security and tightly control disclosure of proprietary research and business documents while inviting more than 30 institutional investors to conduct due diligence during its Series C and Pre-IPO rounds (2019–2021). To manage sensitive file sharing across global investors, Lunit selected Donnelley Financial Solutions’ Venue® Virtual Data Room.

Donnelley Financial Solutions deployed Venue® Virtual Data Room with features such as multi-factor authentication, 256‑bit encryption, auto‑redaction and watermarking, layered permissions, multi-language support, and dedicated project management. The secure, user-friendly solution enabled Lunit to complete its fundraising processes with global investors and helped the company raise over US$110M during 2019–2021, accelerating its progress toward IPO readiness.

Lunit

Hyeonseong Park

Chief Financial Officer